There are all kinds of birds in the forest... This is a bad truth.

The Drake Chamber of Commerce has now grown to tens of thousands of employees, and there are about 100,000 people around the world who are receiving Lorraine's salary, and millions of people are in the upstream and downstream of the Chamber of Commerce industry.

With such a huge base, it is not strange that any creature among them will appear, such as Mr. Dong Guo, Mr. Nan Guo, a talented person, a scumbag...

Of course there are talents.

Strangers is an excellent talent. Lorraine likes his calculations and pattern, as well as his skin and execution ability above the level. These advantages dilute his flaws in speech and acting, and ultimately make him stand out among stones and become a shiny gold.

Chuck is still a good person.

By Lorraine's ability to look at people, it is easy to see that Strarns must have been a not very good trading manager back then.

But Chuck selected such a not-so-excellent subordinate from hundreds of managers in the branch, and skipped the position of the trading office manager and directly promoted him to the position of office manager who was most suitable for his talent. This must have taken a lot of thought.

Lorraine really wanted to see what he could do. Anyway, the development fund was originally prepared for these people.

Under the auspices of Lorraine, the structure of the Drake Chamber of Commerce has some shadows of later generations.

His club and chapters have relatively independent decision-making power, and chapter presidents like Chuck, Ramos, and Eddie have basically complete decision-making power in their respective positions.

Even if there is a major event that will be passed through the board of directors, the executive committee is composed of branch presidents, admirals and vice presidents, and there is no need to consult the opinions of the largest shareholders, that is, the general meeting.

So how should Lorraine ensure his authority in the branch? The answer is the financial system.

Lorraine implements a financial system that combines independent finance and annual budgets in the Chamber of Commerce. The branches and groups under the Association need to submit the annual budget for the next year to the next year every year. After review and correction by the Board of Directors of the Association, the ratio of the final retained funds and dividends will be decided.

This system also comes from later generations, retaining the branches' independent decision-making ability and depriving them of financial freedom.

But having advantages often means having disadvantages.

The budget system has resulted in the fact that the branch can only use limited financial resources. Even if there are huge sums of hundreds of thousands of pounds on the books, it cannot be squandered like a real independent chamber of commerce.

Each branch or group has two sets of accounts, and the only one that really belongs to them is retained in the previous year or distributed by the General Assembly.

Limited resources are destined to be tilted to better development and greater potential. Stations like St. Croix, which have mid-stream trade volume and mid-stream profit rates, are destined to be difficult to apply for too much funds under the system of the Drake Chamber of Commerce, and naturally lose the opportunity for most salted fish to turn over.

This issue was put on the agenda of the General Board of Directors in late 1782, and Ramos proposed the proposal.

At the annual meeting, he hopes to add the president's reserve fund to the budget entry, the amount is about 3,000 to 5,000 pounds to support excellent projects outside the annual plan of the grassroots station.

This proposal not only aroused Lorraine's interest, but also sparked a wave of discussions during the annual meeting.

The first round, the second round, the third round...

After five consecutive recesses, the amount of reserve funds has been increased to 15,000 pounds. With the structure of the two major branches and maritime groups at that time, the total budget would be increased by 45,000 every year, which is almost equivalent to establishing a new European branch.

This is obviously not realistic, not to mention that the Drake Chamber of Commerce has been in a period of rapid development. Even if it does not enter the new manufacturing sector, Africa and Asia alone, which are promising in the future, will be enough to raise the money to a sky-high price of 75,000.

Lorraine briefly mentioned the subsequent development and then put forward the concept of development fund.

The president's reserve fund is merged into the general meeting, and the amount is doubled and fair competition is generally considered a plan of both worlds.

After all, the value of the reserve fund does not actually lie in the money, but in the hands and feet of the presidents, so that they can implement their budget plans with confidence and boldness and implement their ideas more easily.

Development funds can also free their hands and feet and have a higher upper limit. While increasing the upper limit, they solve the problem of excessive resource encroachment.

Because of this, Lorraine's proposal was unanimously supported in the sixth round of meetings. The Development Fund was officially established in January 1783 and was subject to the General Association Asset Management Company's responsibility for review and issuance.

It played a role similar to mid-lane guerrilla in Drake's rapid development in recent years.

It has been established for more than two years, with 39 projects launched, and a total of 41,700 pounds were issued, of which the smallest budget was 800 pounds and the largest budget was 5,300 pounds.

According to the rough assessment given by Carmen, the more than 40,000 pounds generated about 6.7% profit increase for the Drake Chamber of Commerce. If calculated based on the 262,000 operating profits settled in 1784, the annual return will reach 17,600, with a return rate of 42.6%.

But Lorraine was still a little dissatisfied.

Fund accounts have surpluses every year, and most of the projects submitted for review lack courage and creativity. If this continues, its driving effect will become weaker and weaker.

In Muscat, Lorraine discussed a major project with Eddie, and was preparing to apply for the Suhar office, investing 10,000 pounds from the fund to accelerate port construction and try her best to seize the development dividends of Massirah Island.

But that project was promoted by the branch after all, and it was difficult to resonate among the stations. In contrast, the St. Croix self-operated project independently proposed by Stirence is obviously more suitable for reference by other stations and has the potential to become a typical case.

"The key is how much money should be paid for this project..."

Lorraine rubbed the stubble on her chin.

"If you only draw it as a cake, the project's withdrawal of funds will be greater than that of Zuwo's ​​construction project to the greatest extent possible."

"But the ultimate goal of developing a fund is to make a profit after all. If Stralens gets the expected money but fails to achieve the expected growth rate, it will lower the fund's returns... Typical cases will become typical investment failure cases..."

“Where is the right number?”

Lorraine thought and mumbled all the way, and before she knew it, she walked to the third floor and walked to the door of Bell's temporary helper's guest room.

He decided not to think about it anymore.

There are many things that require comprehensive review of a project. Without perfecting the information, it is meaningless to think about it.

The most urgent thing is to exchange Bell for Luci first.

When Lorraine came out of Lucy, Ms. Orphe had no sign of giving birth. Valkyrie rushed on the road, and only 69 hours were delayed.

He has done his best to be sincere, and the next thing is to see Bell's luck.

If the new Earl of Breed is willing to wait for his father, Bell will still have the chance to see the sacred moment of his son's birth.

Lorraine reached out to knock on the door, and a heavy echo came from the room soon: "Enter."

Lorraine pushed open the door casually.

Darkness permeates...

In the closed door, darkness wrapped in floating candlelight spread from the depths of the room toward the aisle, covering Lorraine's feet in the blink of an eye, and the sunshine in the aisle was shrouded retreating in a panic.

Lorraine? Looking at the strange scene in front of you in another place: "Student Judea, has your rabies disease occurred?"

"Maybe... worse than that."

Bell's pitiful voice trembled from the depths of the darkness.

"Lorraine, I'm going to die." This is his first sentence.

"Please be sure to inherit my legacy and help take care of my poor lady and unborn son." This is his second sentence.

"As far as I know, in order to buy back the title, you not only spent all the dividends, but also advanced at least 30,000 pounds to Carmen, and you only have debts in your estate."

Lorraine pursed her mouth disdainfully and said to the house with an umbrella.

"The request is reasonable, but I don't accept it."
Chapter completed!